News articles about 8Point3 Energy Partners (NASDAQ:CAFD) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. 8Point3 Energy Partners earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 46.5192011201537 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of 8Point3 Energy Partners (NASDAQ:CAFD) traded down $0.12 during trading hours on Friday, reaching $14.75. 109,226 shares of the company traded hands, compared to its average volume of 171,091. The firm has a market capitalization of $1,160.00 and a PE ratio of 34.30. 8Point3 Energy Partners has a 52-week low of $11.51 and a 52-week high of $15.92. The company has a current ratio of 3.26, a quick ratio of 3.26 and a debt-to-equity ratio of 0.83.
The company also recently announced a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Tuesday, January 2nd were issued a $0.2802 dividend. This is a boost from 8Point3 Energy Partners’s previous quarterly dividend of $0.27. The ex-dividend date was Friday, December 29th. This represents a $1.12 annualized dividend and a yield of 7.60%. 8Point3 Energy Partners’s dividend payout ratio (DPR) is 260.47%.
Several analysts have recently issued reports on CAFD shares. Robert W. Baird reissued a “buy” rating and set a $16.00 price target on shares of 8Point3 Energy Partners in a research report on Friday, October 20th. BidaskClub raised shares of 8Point3 Energy Partners from a “hold” rating to a “buy” rating in a research report on Thursday, January 4th. TheStreet cut shares of 8Point3 Energy Partners from a “b-” rating to a “c” rating in a research report on Thursday, November 30th. Roth Capital set a $15.00 price target on shares of 8Point3 Energy Partners and gave the stock a “hold” rating in a research report on Saturday, November 25th. Finally, Zacks Investment Research raised shares of 8Point3 Energy Partners from a “sell” rating to a “hold” rating in a research report on Thursday, October 26th. Four analysts have rated the stock with a sell rating and fourteen have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $14.09.
TRADEMARK VIOLATION NOTICE: This article was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and international copyright legislation. The legal version of this article can be read at https://www.dispatchtribunal.com/2018/01/28/8point3-energy-partners-cafd-earns-media-impact-rating-of-0-16.html.
About 8Point3 Energy Partners
8point3 Energy Partners LP owns, operates and acquires solar energy generation projects. As of November 30, 2016, Company’s portfolio comprised interests in 642 Megawatt (MW) of solar energy projects. The Company is developing projects under utility, commercial and industrial (C&I) and residential categories.
Receive News & Ratings for 8Point3 Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 8Point3 Energy Partners and related companies with MarketBeat.com's FREE daily email newsletter.